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COMMENT: FATF risks political backlash over poor AML scores for US, China, Australia – accused of ignoring professional enablers

By PAUL O’DONOGHUE, Senior Correspondent THE FINANCIAL Action Task Force (FATF) today risked political backlash on both sides of the geo-political divide when it effectively accused both the US and China of enabling financial crime. The Paris-based agency lobbed a political hand grenade this afternoon when it scored the US, China and also Australia bottom…

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